Small Silled Medical Supply Company

Not Disclosed, MI
Kalkaska County

Near Traverse City MI

Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Wholesale/Distribution: Durable Goods

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RE: Small Silled Medical Supply Company Broker: William Malek

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 27956932
Broker Reference #: Not Disclosed

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Business Overview:

This Company is a thirty-year experienced Company purchased six years ago by its current owner. The Company currently has three leased locations; the main office near Traverse City MI, Detroit Metro Area, and Grand Rapids Area.

The Company provides supplies and rental equipment to skilled nursing and VA hospital facilities around the state. And a federal GSA contract to be able to sell to any governmental agency around the country. In addition, they have FSS contract to sell to any DOD facility. And has a specialty with negative pressure wound therapy product. The sales are approximately 80% of rental equipment and 20% supplies.

Key employees consist of three sales managers (one in each location), facilities manager, and a billing office manager in Near Traverse City. The Company employs ten people, mostly service and technical staff.

The Company prides itself on service boasting a four-hour turnaround time while its competitors generally take up to 24 hours to respond.

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Property Features and Assets:

The Company has three warehouses strategically located around the state of MI and appropriately stocked to meet the demands of their customers with in a four hour notice.

Market Competition and Expansion:

The pressure to control health care expenditures is intensifying price negotiations for wholesalers and prompting customers to consolidate. Many customers belong to group purchasing organizations (GPOs), which help negotiate bulk pricing. Loss of a significant GPO relationship can have a substantial impact on sales.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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